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Western Union News

Western Union is an American company that specializes on provision services at intermediation of international money transfers. The company was founded in 1851 and currently is headquartered in Greenwood Village, CO. Western Union provides transfer services in 200 countries around the world with the help of Western Union’s international official representatives. In the end of 2017, the company announced that it will ban all transactions somehow related to cryptocurrency. However, in 2018, Western Union cooperated with altcoin network Ripple in order to test and implement its technologies to improve the money transferring process, which can lead to faster transactions and a reduction in Western Union fees.

Top News

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Remittance firms operating in El Salvador appear reluctant to support Bitcoin despite the country’s new law mandating the crypto asset as legal tender.

Remittance firms hesitant to support BTC despite legal tender law in El Salvador

2021-06-14T06:39:00+01:00

16845

According to Bloomberg, financial giant Western Union has made an offer to purchase cross-border payments company MoneyGram.

Western Union Makes Takeover Offer for MoneyGram

2020-06-02T03:03:00+01:00

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Two men plead guilty for illicitly selling steroids and controlled substances and laundering millions of dollars in crypto.

US: Two Men Plead Guilty to Selling Drugs for Crypto and Laundering $2.8 Million

Adrian Zmudzinski

2019-04-24T13:19:00+01:00

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Payments giant Western Union will integrate the Coins.ph blockchain-based platform, enabling Filipinos to conduct cross-border money transfers.

Western Union Partners With E-Wallet Coins.ph for Cross-Border Remittances

2019-04-08T21:41:00+01:00

5537

A new strain of Trojan malware for Android phones is targeting global users of top crypto apps such as Coinbase, BitPay and Bitcoin Wallet.

Android Malware Targets Users of 32 Crypto Apps, Including Coinbase, BitPay

2019-03-29T10:31:00+00:00

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Financial services provider Western Union is partnering with Stellar collaborator Thunes to enable WU clients to transfer funds directly to mobile wallets globa...

Western Union Partners With Stellar Collaborator Thunes for Mobile Wallet Transfers

2019-03-22T14:01:00+00:00

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Western Union claims company is technologically “ready to adopt any kind of currency,” including crypto.

Western Union Considers Crypto, Partners with Ripple to Test Blockchain Payments

2018-12-20T14:37:00+00:00

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Cryptocurrencies have challenges in becoming a major force in the world’s economy, but looking at history, almost every advancement has had similar issues.

Think Crypto’s Challenges Are Unique? It’s Just History Repeating Itself

Connor Blenkinsop

2018-10-09T16:27:00+01:00

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